GC Wealth Management RIA LLC Raises Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

GC Wealth Management RIA LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 27.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,707 shares of the exchange traded fund’s stock after buying an additional 591 shares during the period. GC Wealth Management RIA LLC’s holdings in Vanguard Information Technology ETF were worth $1,683,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGT. Corbyn Investment Management Inc. MD lifted its stake in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after purchasing an additional 17 shares in the last quarter. Sovereign Financial Group Inc. grew its position in Vanguard Information Technology ETF by 0.9% during the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after buying an additional 17 shares in the last quarter. Sfmg LLC raised its holdings in shares of Vanguard Information Technology ETF by 2.8% in the 3rd quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock valued at $411,000 after acquiring an additional 19 shares in the last quarter. Providence Capital Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 7.0% during the 3rd quarter. Providence Capital Advisors LLC now owns 304 shares of the exchange traded fund’s stock valued at $178,000 after acquiring an additional 20 shares during the last quarter. Finally, Hamilton Point Investment Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 2.6% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock worth $490,000 after purchasing an additional 20 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 4.5 %

VGT stock opened at $550.07 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The stock has a market cap of $76.36 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. The company’s 50 day moving average is $618.20 and its 200 day moving average is $607.09.

Vanguard Information Technology ETF Company Profile

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).